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Online Tests
Principle of Commerce Icom Part 1 English Medium Chapter 14 Online Test MCQs With Answers
Question # 1
What is prepared by the exporter on the settlements of matters
Choose an answer
Invoice
Consular invoice
Certificate of origin
All of these
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Question # 2
Due to export trade:
Choose an answer
Increase in employment opportunities
Increase in foreign exchange
Relations with other countries establish
All of the above
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Question # 3
If the goods and services are sold to the trader pf another country then it is called
Choose an answer
Import trade
Export trade
Foreign trade
None of these
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Question # 4
Due to export trade
Choose an answer
Increase in employment opportunities
Increase in foreign exchange
Relations with other countries establish
All of the above
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Question # 5
Export trade includes all the activities, which are performed in sending goods from one country to another country is called
Choose an answer
Import trade
Export trade
Foreign trade
None of these
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Question # 6
If the exporter is made responsible for deciding the quality and price of goods, alongwith orher factors then it is called
Choose an answer
Open indent
Close indent
Both a and b
None of these
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Question # 7
The indent is also called
Choose an answer
marine insurance policy
Inquiry letter
Bill of lading
None of these
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Question # 8
How many methods of selling goods in foreign countries
Choose an answer
5
7
8
9
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Question # 9
How many types of an indents
Choose an answer
2
3
4
5
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Question # 10
The methods of selling goods in foreign countries:
Choose an answer
Advertisement
Personal visit
Travelling agnets
All of the above
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Question # 11
State the procedure or steps of exporting goods are
Choose an answer
Obtaining and acceptance of indent
Registration
Obtaining license
All of these
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Question # 12
The methods of selling goods in foreign countries
Choose an answer
Advertisement
Personal visit
Travelling agents
All of the above
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Question # 13
Who does accept an indent
Choose an answer
Exporter
Importer
Government
None of these
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Question # 14
What is prepared by the exporter on the settlements of matters:
Choose an answer
Invoice
Consular invoice
Certificate of origin
All of these
Previous
Skip
Next
Question # 15
If the price and quality of goods alongwith other factors are decided before the execution of order then it is called
Choose an answer
Close indent
Open indent
Both a and b
None of these
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Next
Question # 16
How many step in procedure of export trade
Choose an answer
21
22
23
24
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Question # 17
When both the parties are satisfied with the performance of each other then their deal comes to an end are called
Choose an answer
End of deal
Securing payment
Delivery of documents
Dispatching the documents
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Question # 18
Who does accept and indent:
Choose an answer
Exporter
Importer
Government
None of these
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Question # 19
Which documents are prepared by the exporter after the settlement of affairs are
Choose an answer
Invoice
Consular invoice
Certificate of origin
All of them
Previous
Skip
Next
Question # 20
The indent is also called:
Choose an answer
Marine insurance policy
Inquiry letter
Bill of lading
None of these
Previous
Skip
Next
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